embotech
Latest round
- Series B
Last raised
- Dec 2024
Total raised
- $38M
Investors
- 9
About embotech
Founded in 2013 in Zurich, Switzerland, embotech AG specializes in autonomous driving technologies. The company was established by Alexander Domahidi and Juan Jerez, with Andreas Kyrtatos serving as CEO.Embotech specializes in autonomous driving solutions tailored for industrial logistics applications, primarily focusing on improving safety, productivity, and energy efficiency. The company's core offerings include the Automated Vehicle Marshalling (AVM) solution, which enables the driverless movement of vehicles within smart factories and logistics centers, and the Automated Terminal Tractor (ATT) solution designed for port and yard operations. These products are currently utilized in various high-profile environments, including BMW factories in Dingolfing and Leipzig, facilitating the seamless movement of hundreds of vehicles daily.Embotech generates revenue through the sale and implementation of its autonomous driving solutions, characterized by B2B transactions with industrial clients. Revenue is derived from partnership agreements, where clients may purchase automated vehicles or robotics-as-a-service contracts that provide ongoing support and maintenance. The company aims to expand its market reach beyond Europe, focusing on regions that include North America and Asia by 2025. The investment will support the integration of advanced technologies into their autonomous driving solutions, addressing emerging societal challenges.
Who invested in embotech
9 investors across 2 rounds
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Questions about embotech
Who invested in embotech?
embotech has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has embotech raised?
embotech has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did embotech last raise money?
embotech's most recent round on record is a Series B, in Dec 2024.
What does embotech do?
Founded in 2013 in Zurich, Switzerland, embotech AG specializes in autonomous driving technologies.
Where is embotech headquartered?
embotech is headquartered in Zurich, Switzerland.
Which VCs invest in companies like embotech?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at embotech's stage. Their profiles are linked below.
VCs backing software startups at Series B
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